e-g alpha project
edapy features a break to the upside of a long term down trendline 10-10-97 to 4-10-98, the macd which is crossing 0 has consistently lead to the stock trading higher the next day, but not always staying higher. friday's high was stopped out by the 200dma at 2.00. i am also looking at another trendline across the tops of 11-10-98 and 1-13-99, looks like the value is around 2.21 today. of note in the 4.3.2, is the vertical acceleration of each pop, this time it appears to be a more gradual approach.there appears to be some divergence in the 13.8.8 sto. the rsi is approaching 70, which has never been penetrated by this stock. volume will be a major suspect in this ones approach back to the 200dma and short term trendline. my thoughts on how to play this one would be to step in >2.00 on strong volume and see how it would react to the 2.21 area.
egam is off the miles and hybrid scans if i'm not mistaken. that allows for a short term play as a result of loaded short term technicals, i like it > 4.25, target for tomorrow would appear to be 5
eisi, connecting tops 2-8 to 3-5, it is apparent that this stock has been using a previous upper channel as support and has now moved off of that line.4-26 to 5-12 could be used as a newly established acceleration line. connecting the 4-29 hi of volume a move up needs to be confirmed by stronger volume than has been displayed currently.
gsnx, comkey and miles hits, will see some resistance in the 3day rsi, this coincides with the price pattern which appears to be at the right shoulder of a head and shoulders. an uptick breaks it higher than the left shoulder in which case the next line of resistance comes at the head around 14.00, as downside protection, i would use friday's low, 13.37, a break there might make this one a better short
hoff, milesov hit, lines 2-25 to 4-8 provide the support, i am looking at 3-12 and 5-5 as a possible upper channel indicating a target currently in the 9.50 area, the short rsi's are bo'd and the stock is bouncing off of support without hitting it, usually a strong indication, i like it on an uptick and volume to step outside its recent pullback. the 4.3.2 is putting in higher lows and will threaten a breakout in the next day or 2 which should support a move back to the upper part of the channel.
hypt, milesov hit, broke a short term trendline 1-12 to 4-13, downside could be protected just under 15.00 based on that.the last rsi 3 hitch that occurred as present was on 4-13, and it wasn't pretty, the 13rsi is in launch mode and the 4.3.2 is bo'd, 8.3.5 is already in ballistic mode.ad is a bo and mfi 8 is just itching for more volume, pvi at a new high an interesting line will be 7-21 to 1-12, an ihs neckline, value around 17.00? i'd place a near term target around 19.50, if this did take off.
ecgo, nasty dow down hit, target looks to be 3.25 area, trendline bo of 13.25.2 smi, with shorter ones mixed to positive, short term mfi's are strong.pvi threatening a trendline bo. cci picture appears favorable, short rsi's are bo'd with higher lows. 3.1.2 sto is currently unsupportive of a bo'd 4.3.2, also in favorable pop modes are the 8.3.5 and 13.8.8, price has just stepped over the 200 dma, i would protect a position here on a break of that, valued at 2.06 today
frte , a nasty dow down hit,3-26 and 4-14 line provided support as well as a 200dma. 4-27 to 5-11 provide the immediate term resistance while it works its way toward 1-20 to 4-27 downtrendline, approx 6.25 area. limited downside with limited upside, til that price is taken out.
hdie hit the nasty scan, and well, it looks nasty...1-19 to 2-4 provide the downtrend resistance, i don't find anything compelling to this hit.
hmtt is a nasty scan hit. its in the process of a trick formation here on the 3rsi where the hitch is apparent at this time. its testing a 50dma as well. i'd be on the sidelines on this one, with the hope that the trick will follow thru in its respected pattern.
esltf hit the all time high scan. sheez, it did a whopping 13000 volume to get there. wouldn't play this one with doug's money...lol, won't even look at the technicals based on that kind of volume
evsi hit the all time high scan, with 3rsi pasted, i'd be tempted to short it over the next few days on any weakness while the trick sets itself up...tho, its pattern prior was a horizontal until the 50dma catches up and then another pop, without any real pullback. not alot of interest long or short on this one really til it shows itself.
hh all time high hit, yesterday's low of 16.75 coincides with a horizontal support i'm looking at, and i would use a stop just below this to protect a position,its not a pillar or nuttin but a preference should it break down. the technical profile gives this one room to put in another high.
horc is a comkey hit?. the volume on this is friggin scary. 87k in a week isn't exactly a stock i'd throw some money at but its weekly chart shows an ihs with a target in excess of 9, so everybody pick up about 5k shares and we'll run it up...lol
eccs hybrid hit, in a triangle formation hit the lower support line, an uptick breaks the accelerated downtrend, but the breakout doesn't occur til around 2.40, some volume snuck in friday.
hps is a wart experimental hit.an ihs in the 3rsi, was stopped friday just short of the 200 dma . 4.3.2 tests resistance tomorrow.the volume has been busy for the last 2 days, if i were to play this, i would be a buyer above 9.34(the 200dma) and use it as a stop for a daytrade, the cci in qp2 is overbaked, seems there's just too much to give up otherwise,1-4 to 4-23 across the tops, this one has a lot of room to the upside eventually, but its getting close to requiring a reset already.
milesov |
